Shakti Pumps (India) Ltd has fixed Wednesday, July 29, 2026, as the record date to determine shareholder eligibility for its 31st Annual General Meeting (AGM) and the payment of a final dividend. The Board has recommended a final dividend of ₹1 per equity share of face value ₹10 each for the financial year ended March 31, 2026, subject to approval by members. The meeting is scheduled for Wednesday, August 05, 2026, at 11:30 A.M. IST through Video Conferencing (VC) and Other Audio Visual Means (OAVM).

The AGM will transact ordinary business, including the adoption of audited standalone and consolidated financial statements for FY26 and the declaration of the final dividend. Shareholders will also consider the re-appointment of Mr. Ramakrishna Sataluri (DIN: 08903553), who retires by rotation. Among the key special business items, the meeting will seek approval for the re-appointment of Mr. Ramesh Patidar as Managing Director for a term of three years effective May 07, 2026. The AGM will also consider the re-appointment of Mr. Dinesh Patidar as Chairman cum Whole Time Director for a term of three years effective May 07, 2026, along with a revision in the remuneration of Mr. Sunil Patidar, Whole Time Director, to ₹24 lakh per annum.

Key Event Details

The following table outlines the critical dates and purposes for the upcoming corporate actions:

The notice confirms that the dividend, if approved, will be paid or dispatched within 30 days from the date of the AGM to members whose names appear on the register of members or list of beneficial owners as of the record date. The company has also ratified the remuneration payable to cost auditors M/s. M. P. Turakhia & Associates for FY27 at ₹88,000 per annum plus applicable taxes.

Shakti Pumps (India) Ltd submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 to the stock exchanges on July 14, 2026. The filing, made pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, details the company's performance across environmental, social, and governance parameters. The report forms part of the Integrated Annual Report for FY 2025-26 and is available on the company's website.

Operational and Financial Overview

The company reported a total turnover of ₹2643.11 crore and a net worth of ₹1585.27 crore for the reporting period. Operations span 3 plants and 29 offices nationally, alongside 4 international offices. Exports accounted for approximately 13.75% of the total turnover, with the company serving customers in over 100 countries. The manufacturing focus remains on electrical equipment and general-purpose machinery, which contributed 100% to the turnover.

Sustainability and Environmental Targets

Shakti Pumps has established a climate transition roadmap targeting a 25% reduction in Scope 1 and Scope 2 greenhouse gas emissions by FY2030, using FY2026 as the baseline. The company also aims for net-zero emissions by FY2050. During FY 2025-26, renewable energy constituted 9% of total electricity consumption. The company reported total Scope 1 emissions of 260.51 tCO2e and Scope 2 emissions of 2,757.82 tCO2e. Water withdrawal intensity was reduced, with total water consumption recorded at 23,628 kiloliters.

Workforce and Social Impact

The company employed 726 employees and 1,366 workers as of the end of the financial year. Female representation stood at 8% among employees and 3% among workers. The company has set a target to achieve 20% female workforce participation by FY2030. Safety performance remained robust, with zero Lost Time Injury Frequency Rate (LTIFR) reported for employees and zero fatalities across the workforce. The median remuneration for male employees was ₹5,68,356, while for female employees it was ₹3,76,800.

Governance and Compliance

The Board of Directors oversees sustainability matters through the CSR Committee, Risk Management Committee, and Stakeholder Relationship Committee. The company reported no material non-compliances with environmental laws during the year. Independent assessment of policy implementation was conducted by Infinite Environmental Solutions Limited. The report confirms that no fines, penalties, or settlements were paid to regulatory authorities regarding corruption or conflicts of interest.

Key Financial and Operational Metrics